12-11-2018 10:28 via newsbtc.com

Bitcoin Price Watch: BTC/USD Targets Fresh Weekly Lows

Key PointsBitcoin price declined recently below the $6,300 support before correcting higher against the US Dollar.
There was a break above a connecting bearish trend line with resistance at $6,360 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price is struggling to break the $6,380 resistance and the 100 hourly simple moving average.Bitcoin price is trading in a bearish zone below $6,400 against the US Dollar. BTC/USD could decline further towards the $6,250 or $6,220 leve
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